Atlas Copco reported Q3 orders that reached SEK24,149m (+3% versus Q3 14), including a positive fx contribution of +7% and a +1% perimeter change. Europe was the region with the highest order increase at +7% in local currencies, while markets such as China and Brazil were weak. Globally, orders declined 5% organically while revenues were flat at SEK25,723m and the adj. operating profit was SEK5,239m (SEK4,604m), corresponding to a margin of 20.4% of sales (versus 19.5% last year). This led to
20 Oct 2015
Strong execution on margins despite weak O&G/Mining demand
Sign up to access
Get access to our full offering from over 100 providers
Get access to our full offering from over 100 providers
Strong execution on margins despite weak O&G/Mining demand
Atlas Copco AB Class A (ACO4:FRA) | 0 0 0.0%
- Published:
20 Oct 2015 -
Author:
Lionel Pellicer -
Pages:
2 -
Atlas Copco reported Q3 orders that reached SEK24,149m (+3% versus Q3 14), including a positive fx contribution of +7% and a +1% perimeter change. Europe was the region with the highest order increase at +7% in local currencies, while markets such as China and Brazil were weak. Globally, orders declined 5% organically while revenues were flat at SEK25,723m and the adj. operating profit was SEK5,239m (SEK4,604m), corresponding to a margin of 20.4% of sales (versus 19.5% last year). This led to